Berita Arkib

India's edible oil imports rose 23 per cent to 9,83,608 tonnes in February mainly due to a sharp rise in shipments of refined palm oil, industry body SEA said on Monday.

KUALA LUMPUR: Palm oil prices, which hit a high of more than RM8,000 per tonne recently, have edged lower over concerns of demand destruction as well as a possible end to the Russia-Ukraine war.

KUALA LUMPUR, March 14 — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today on concerns over demand and as profit-taking continued following the recent rally.

Malaysian palm oil futures extended losses for a third straight session on Monday, plummeting as much as 9.8%, as rival Dalian oils and crude futures weaken and investors booked profits after last week’s sharp gains.

Shortage of sunflower oil amid the ongoing Russia-Ukraine war has sent crude palm oil prices through the roof.

KUALA LUMPUR: Malaysian palm oil futures plunged as much as 9.8% on Monday, as rival Dalian oils and crude futures dropped and investors booked profits after last week's sharp gains.

14/03/2022 (The Malaysian Reserve) - THE ongoing conflict between Russia and Ukraine has caused commodity prices globally to skyrocket amid fears and knee-jerk reactions over a possible supply-side fallout as both countries are major producers of, among others, sunflower oil, wheat and corn.

13/03/2022 (The Siasat Daily), New Delhi - Shortage of sunflower oil amid the ongoing Russia-Ukraine war has sent crude palm oil prices through the roof.

13/03/2022 (The Edge Markets), Kuala Nerang - The price of crude palm oil (CPO) is expected to continue to rise at least until the third quarter of this year and is projected to reach RM9,300 a tonne.

13/03/2022 (Arab News), Riyadh - Egypt has announced that it has imposed a three-month export ban on green wheat, cooking oil, and corn, local newspaper Ahram reported, citing the Minister of Trade and Industry Nevine Gamea

12/03/2022 (The Start Online), Jakarta - Indonesia's palm oil exports, including refined products such as oleochemical, were 2.18 million tonnes in January, down 23.8% from the same month last year, the Indonesian Palm Oil Association (GAPKI) said on Friday.

11/03/2022 (BD News 24) - Cooking oil prices have declined by at least Tk 15 in Dhaka after the government threatened to crack down on any rogue trader found to be manipulating the daily commodity market.